Business Category

Multistring Recharge is the name of Globacom’s new feature and it is supposed to give Glo customers the ease of loading airtime credit for their subscribed services directly without going through the process of first topping up their prepaid accounts before‎ allocating the airtime for data bundles or international calls. Mr. Bisi Koleoso, Head of Operations at Globacom explains how it works; “Under the new recharge, customers who want to directly top up and add to their main balance should dial *123*<Airtime_PIN_Here>#, while those interested in directly buying a data bundle without crammingRead More

Airtel Nigeria has unveiled new bundles for Android users on its network. The bundles make Airtel the cheapest network for using your data guzzling Android device. There are 2 bundle options and they last 30 days: 2GB for N2000 and 4.5GB for N3500. Here’s how to activate it To activate the 2GB Android bundle @ N2000 for 30days, dial *437# To activate the 4.5GB Android bundle @ N3500 for 30days, dial *438# To check your Android data balance, simply dial *223# However, it’s important you know that at night(between 10pm andRead More

Silicon Valley car service company, Uber launched in Lagos this week. Lagos is the fourth African city and the 145th city in the world where the startup is launching in since its founding in 2009. This follows the recent launch of the company in Hong Kong earlier in the week. Initially, the service will be available on the Island and will have limited cars running for the meantime. Ice Prince became their first customer, and with that launched Uber in Lagos. Lagos — the commercial capital of Nigeria, and one of the biggest cities in the worldRead More

At an event earlier today, First Bank announced a strategic partnership with payment company PayPal. PayPal officially opened its doors to Nigerian users last month. The partnership allows First Bank customers create PayPal accounts right from First Bank’s online web-banking portal. In addition, First Bank customers get instant verification of their accounts as soon as they are created. How is this different from other banks? First Bank customers get instant notifications and higher transfer limits than other Nigerian banks. They can also fund their PayPal account direct from FirstRead More

Google Ventures, the venture capital arm of Google has announced its expansion into London. The firm which was launched in 2009 in order to expose Google to some of the technology world’s hottest startups. The fund will have an initial funding of $100 million with the aim of investing in European startups that criss-cross Western Europe – London, Paris, Berlin and the Nordics. The fund will have 4 general partners with Eze Vidra, Google Campus’ manager in London leading the pack. He will be supported by Tom Hulme, a serial entrepreneur,Read More

In a statement released today, PayPal has announced that residents of Nigeria can now open accounts and perform transactions online. Nigerians will be able to pay on websites that accept PayPal but cannot initiate transfers or accept payments. Other countries getting PayPal are Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro and Zimbabwe. Rupert Keeley, senior vice President of PayPal Europe said Paying with PayPal provides peace of mind, because people never have to expose their financial information during the transaction” Nigerians, especially those in the technology industry have believedRead More

Transferwise, a London-based money transfer startup has landed $25M from a consortium of investors. The investors include Peter Thiel’s internationally focused venture fund, Valar Ventures, Sir Richard Branson, Index Ventures and IA Ventures. The money transfer startup established by one of the co-founders of Skype was founded in 2011. It plans to use the investment to further improve its service and expand its low-cost international transfer offering to to new countries. Transferwise bills itself as the cheapest way to send money abroad. The investment is a seal of approval on theRead More

Etsy – the New York based online marketplace for independent businesses and the maker movement, has made a move into indie electronics. It has just announced the acquisition of Grand Street, a Brooklyn-based startup. Grand Street bills itself as the marketplace for creative technology. The terms of the deal are “subject to closing conditions.” Grand Street states that: Simply put: the rise of the individual, small-batch maker is changing product development, production and commerce. The process of making physical goods is shifting as consumers are more interested in unique and personalizedRead More

Fresh off its funding round and new investors, the red-hot online storage Dropbox has launched a new app named Carousel. Carousel is a photo-oriented app which makes it easy to store, save and share pictures with friends and family. Dropbox describes Carousel as: a gallery for all the photos and videos from your life. It combines the photos in your Dropbox with the photos on your phone, and automatically backs up new ones as you take them. Carousel sorts all these memories by event so you can easily travel backRead More

Rumors have been about town concerning an “Assassin’s Creed V” game. Only just now do we get to see what that game is. So feast your peepers on this. Assassin’s Creed Unity will be set in 18th Century Paris and as you might have seen, it is slated for December 2014. The blockbuster franchise is for next-gen consoles and PC only. On the other hand there are rumours of an Assassin’s Creed game for Xbox 360 and the PlayStation 3 code-named Comet. Ubisoft promises it’s all in-game footage while mostRead More